512/101 Tram Road
Doncaster, VIC 3108

Positioned within one of Doncaster’s most convenient lifestyle locations, this stylish two-bedroom apartment offers an excellent opportunity for first home buyers, downsizers, and investors. The residence is located just moments from Westfield Doncaster, providing a light-filled, low-maintenance living environment with exceptional everyday convenience.

The apartment features a functional floorplan complemented by quality finishes and impressive resident amenities, embodying modern apartment living at its best.

• Two spacious bedrooms providing comfortable accommodation.
• A modern bathroom designed with contemporary fittings.
• An open-plan living and dining area enhanced by floorboards throughout, creating a warm and inviting atmosphere.
• A well-appointed kitchen equipped with stainless steel appliances, including a gas cooktop, electric oven, and dishwasher, catering to all culinary needs.
• Split system heating and cooling ensuring year-round comfort.
• A private balcony offering outdoor space for relaxation.
• A secure car space accompanied by a storage cage for added convenience.
• Access to communal gym facilities within the building, promoting an active lifestyle.
• The tenant is vacating on 24/7, allowing for vacant possession.

Investment and outgoing details include an asking price of $425,000, with an estimated rental return of approximately $575 per week, equating to $29,900 per annum. This represents a strong estimated gross rental yield of around 7.0%. Owners Corporation fees are approximately $742.20 per quarter, council rates about $836.90 per annum, and water rates approximately $193.50 per quarter.

Perfectly positioned within walking distance to Westfield Doncaster, cafes, restaurants, public transport, and local amenities, this property offers an ideal lifestyle opportunity in a highly sought-after location. Whether seeking a quality first home, a low-maintenance lifestyle property, or a high-yield investment in a blue-chip suburb, this affordable Doncaster apartment ticks all the boxes.